Rs. 16,000 crore to be spent to bring a monumental change in the lives of the poor: PM

Saubhagya is due to the three years reforms in the power sector: PM Modi

PM Modi: Less than 3,000 villages yet to be electrified

Saubhagya Yojana will ensure that all houses in this scheme will be electrified, and it will be completely free for all poor people: PM

4 crore households are still living without electricity: PM Modi

Update: The cost for this ambitious scheme is Rs 16,000 crore. Poor will not have to bear the cost of this scheme: PM

New Delhi:PM Modi launch Saubhagya Yojana and inaugurate Deendayal Urja Bhawan during a programme at New Delhi.

Prime Minister Narendra Modi on Monday announced Saubhagya power scheme- a scheme for providing 24X7 electricity to allat a total outlay of Rs 16,320 crore.

The announcement was made during the BJP national executive meet and on the occasion of the birth anniversary of RSS ideologue Pandit Deendayal Upadhyaya.

According to sources, the gross budgetary support for Saubhagya scheme is expected to be at Rs 12,320 crore. Rural Electrification Corporation will be the nodal agency for operationalisation of the scheme.